Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/279410 
Year of Publication: 
2023
Series/Report no.: 
Ilmenau Economics Discussion Papers No. 181
Publisher: 
Technische Universität Ilmenau, Institut für Volkswirtschaftslehre, Ilmenau
Abstract: 
Mergers and acquisitions shape industry competition. Effective merger remedies are important for market efficiency and consumer welfare. This paper explores the need for more flexible remedies to address changing markets after mergers. While the EU permits some flexibility with less restrictive remedies, we conceptually advance the design elements of a dual-phase, bifurcated merger control system. This system integrates ex-ante processes with more systematic and comprehensive ex-post measures. Such an approach can address the shortcomings of the current system and, consequently, holds the potential to enhance merger control in dynamic markets.
Subjects: 
merger remedies
competition authorities
market dynamics
dynamic competition
oligopolies
innovation effects
European Union
JEL: 
L41
K21
L13
Document Type: 
Working Paper

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